Legendary Entertainment names new board member (Reuters)

LOS ANGELES (TheWrap.com) ? A.G. Lafley, the former chairman, president and CEO of Procter & Gamble, has joined the board of directors of Legendary Entertainment, the company announced Thursday.

Lafley joins Legendary as the company expands significantly. It recently launched Legendary East, a joint venture in China. And while it has long been a co-producer, it is increasingly developing its own projects.

It also recently closed on a new $700 million credit facility and has a new television division and a new comics division.

During Lafley's years at Procter & Gamble, sales doubled, profits quadrupled and the company's market value increased by more than $100 billion, according to Legendary.

He's a graduate of Hamilton College and holds an MBA from the Harvard Business School.

He joins Jim Breyer, Larry Clark, Dick Cook, Joe Roth and chairman and CEO Thomas Tull.

Lafley adds heft to Legendary's already hefty board: Jim Breyer is a partner in Accel Partners and is CEO of Breyer Capital. He also serves on the boards of both Facebook and Wal Mart. Dick Cook is the former chairman of Walt Disney Studios, and Roth is a renowned producer.

Legendary's productions include Guillermo del Toro's upcoming "Pacific Rim," "Inception and "The Dark Knight."

Source: http://us.rd.yahoo.com/dailynews/rss/enindustry/*http%3A//news.yahoo.com/s/nm/20111020/media_nm/us_legendary

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Investing in a troubled world

Given the uncertainty in the global financial and economic environment, how should ordinary people invest their long term savings to earn an adequate income and to cope with the higher rate of inflation expected in the next few years?

This is the question asked by many people. I like to give my views.

http://tankinlian.com/admin/file.aspx?id=582&PK=b608b34c4da6102f8aebde1ae83d78a1

Haircut on Greek Debt

Private investors will be asked to take a 60% haircut on their investments in Greek bonds. This is much higher than the 21% agreed in August. I expect that the final figure will probably be 40% to 50%.

http://www.cnbc.com//id/44992798

The question is - why are the European banks holding so much Greek bonds? Surely, the jobs of banks should be to provide banking services and give loans to businesses. They should not be an investment fund, using their money (taken from the Central Bank or credit creation) to speculate on this type of investments or to fund foreign governments?

And why is Greece, a country, not able to meet its obligations? Surely, the Government has assets that can be sold - to repay the debts? If Greece is allowed to get away with 60% of its obligations - what about other countries? This will set a bad precedent. Many countries will continue to be bad risks. What about USA? We can expect an uncertain future and more volatility! And the structure of the financial world will be quite different.

The answer to these questions are - there is something seriously wrong with the financial structure of our global system. Our financial system is based on the illusion of market values and is fed by greed, speculation and corruption.
  

15 Quick Ways to Make Money

15 Quick Ways to Make Money

15 Quick Ways to Make Money

15 Quick Ways to Make Money

Pay of Government Leaders

This table shows the pay of Government leaders, compared to GDP
http://sg.finance.yahoo.com/news/Top-10-Highest-Paid-investopedia-1388928230.html?x=0

Invest in an indexed fund

When you invest for the long term, invest in an index fund (such as an ETF that is based on a market index) and stop trying to pick the stocks to beat the market. There are a few other good tips in this article.

http://money.cnn.com/2011/10/21/pf/expert/investment_returns.moneymag/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29

Learn how to invest in an indexed fund. Attend the financial planning workshop organised by FISCA on 29 October. http://easyapps.sg/assn/Org/Event.aspx?id=5

Medicare in USA

The problem with Medicare in USA (i.e. the health care paid by the Government for retirees) is that it becomes very costly to give the best to the older people and the Government is bearing the cost. In Singapore, the Government wants the people to bear the cost - and they cannot afford it either. The solution? Educate people on what is necessary and what is wasteful and help them to find the right treatment at a cost that they can afford. 

http://money.cnn.com/2011/10/11/pf/medicare_programs.moneymag/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29

How to Structure Your Website

Amplify’d from webdesigndublin.org

If you have aspirations to creating a great website, and you should as it will provide the best return on investment in your internet marketing budget, then you will need to structure it properly from the start. This is really not difficult to do and this post will explain exactly how to lay out your site for best effect-for search engine robots crawling your site and for human visitors seeking good information to solve their problems or satisfy their needs.   Three Tier Silo Structure Think of your site’s content as having a three tier structure with Read more at webdesigndublin.org

 

See this Amp at http://amplify.com/u/a1f8yz

Top 10 Social Bookmarking Sites

Amplify’d from webdesigndublin.org

Social bookmarking sites are websites that allow you to save your favourite sites, articles, videos or other resources that you find on the internet in one place.   Social bookmarking sites should be distinguished from social networking sites like Facebook, Google +1 and others. Other people will also be bookmarking their favourite sites and stories which leads to people sharing and voting on popular and topical stories. This allows you to browse other peoples bookmarks to read good, relevant content about topics that interest you. (Check out social media marketing and how to improve your LinkedIn profile also) And you do so with the benefit of other users rating or voting for stories which means there is a certain amount of “curation” of the content happening before you read it if you stick to the most popular stories. Read more at webdesigndublin.org

 

See this Amp at http://amplify.com/u/a1f8w0

Torrential rainstorm floods Rome (AP)

ROME ? A torrential rainstorm battered Rome during the morning rush hour Thursday, causing flash floods that killed one man, felled trees and blocked thousands of commuters from reaching their workplaces.

Firemen reported finding the body of a man who drowned in his basement apartment. Police rescued dozens of others from low-lying buildings.

Italian authorities said they received more than 5,000 calls for help during the storm. Trees were felled, subways were flooded and some roads crumbled.

Private schools in Rome urged parents to keep their children home for the day, saying classrooms were flooded and roads near schools impassable.

Hours after the rain stopped, cars remained trapped in massive traffic jams on the outskirts of the city.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111020/ap_on_re_eu/eu_italy_weather

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Small child who was street smart

A 2 year old girl, Yue Yue, was run over twice in Guangzhou, China. Many people passing by did not help her. Where were her parents?

I recall a horrifying experience some 20 years ago, also in Guangzhou. I stopped at a small town for dinner. After dinner, I was returning to the bus. I saw a small boy, also about 2 years old, on the opposite side trying to cross a busy road with many fast passing vehicles. There was no adults around to take care of the child. I was horrified that he could be hit by a passing vehicle, but there was nothing that I could do, as I was on the other side of a busy road.

After a while, the little boy saw a gap among the vehicles and run across the road safely to her parents who were nearby. I then realised that this boy, although very small, was street smart. He must have crossed the road many times safely. His parents knew that he could take care of himself.

This is so different from the over-protected children in Singapore!